Hines Horticulture Inc.

The Irvine commercial nurseries operator posted a net loss of $3.2 million, or 14 cents a share, for the fourth quarter, compared with a net loss of $2.5 million, or 11 cents a share, for the previous year’s final three months. Quarterly revenue rose 30% to $44.8 million. For the year, Hines earned $15.4 million, or 70 cents a share, compared to $6.1 million, or 32 cents a share, for the previous year. Annual revenue increased 18% to $277.7 million.